Mortgage rates reach highest level in over 20 years
Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.
Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.
Real estate brokerage giant predicts 'tough' market for remainder of 2023
Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'
Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
Builder confidence unexpectedly dropped for first time this year.
These four US cities face the biggest housing shortages
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.
This may have just become the most expensive home in Connecticut – again
Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million, believed to be a record home sale in Connecticut, Sotheby’s International Realty said.
Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million, believed to be a record home sale in Connecticut, Sotheby’s International Realty said.
Gwyneth Paltrow lists Montecito guesthouse on Airbnb, will be there to greet guests
The one-night stay in September includes a meditation session, spa day and chef's dinner.
The one-night stay in September includes a meditation session, spa day and chef's dinner.
Home prices see sharpest rise since November even with lackluster demand
A typical home sold for about $382,000 during the four weeks ending on July 23.
A typical home sold for about $382,000 during the four weeks ending on July 23.
High mortgages rates will weigh on the housing market for years
U.S. property prices face 2.4% decline amid high mortgage rates.
U.S. property prices face 2.4% decline amid high mortgage rates.
Remote work could wipe out $800B from office building value by 2030
A survey estimates office attendance is about 30% lower than pre-pandemic level in "superstar" cities.
A survey estimates office attendance is about 30% lower than pre-pandemic level in "superstar" cities.
Madison Square Garden secures special permit, sparking debate over Penn Station's future
Madison Square Garden is set to secure another special permit to operate above Penn Station for the next decade. However, not everyone is pleased with the decision.
Madison Square Garden is set to secure another special permit to operate above Penn Station for the next decade. However, not everyone is pleased with the decision.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
Homeownership is the new hot wedding gift
Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.
Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.
Judge rules against Elizabeth Street garden, clearing way for affordable housing development
A state appellate court has unanimously ruled that the city can build an affordable housing development on the land the garden sits on.
A state appellate court has unanimously ruled that the city can build an affordable housing development on the land the garden sits on.
Home listings plummeted to record low in May: Redfin
A shortage in homes for sale is fueling bidding wars, experts say.
A shortage in homes for sale is fueling bidding wars, experts say.
Ireland offering almost $92,000 in grants to move to island community, flip property
Ireland’s government hopes to revitalize the smaller islands that have been cut off from the mainland to give both residents and visitors a chance to experience all the unique culture and environmental richness the islands have to offer.
Ireland’s government hopes to revitalize the smaller islands that have been cut off from the mainland to give both residents and visitors a chance to experience all the unique culture and environmental richness the islands have to offer.
House hits the market on America’s oldest residential street for $500K
The property was built around 1728 – when the nation was still a colony.
The property was built around 1728 – when the nation was still a colony.
Walt Disney's 'Storybook Mansion' is available for rent; here's how much it'll cost
Walt Disney lived in this beautiful home from 1932 to 1950 and it was in this home where he drew inspiration for the movie “Snow White" and classic characters such as Mary Poppins and Winnie the Pooh.
Walt Disney lived in this beautiful home from 1932 to 1950 and it was in this home where he drew inspiration for the movie “Snow White" and classic characters such as Mary Poppins and Winnie the Pooh.
Preservationists, developers clash over fate of West-Park Presbyterian Church
Members of the West Park Presbyterian Church want to sell the building to a condominium developer, but many in the community oppose the plan and want to save the building.
Members of the West Park Presbyterian Church want to sell the building to a condominium developer, but many in the community oppose the plan and want to save the building.
Private island for sale cheaper than average price of US home
The listing agency for the island says there's plenty of room to install a helipad and a swimming pool.
The listing agency for the island says there's plenty of room to install a helipad and a swimming pool.
Rod Stewart lists Beverly Hills mansion for $70 million
Sir Rod Stewart's English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million.
Sir Rod Stewart's English country estate in the heart of Beverly Hills is up for sale to the tune of $70 million.